Description
Joe Biden says that gasoline prices are high, because “oil supply has not kept up with demand"
This statement proves that Joe Biden understands the basic concept of 'supply and demand'.
Joe is begging foreign countries to increase their oil production, so again, this proves Biden understands the concept of 'supply and demand'.
"Supply and Demand" is the greatest controller of prices on everything.
And oil prices affect the price of literally everything else in the world.
Economics 101: Things that are plentiful generally have lower prices, and things that are scarce demand higher prices.
Joe Biden's response to gas prices and general inflation should be to INCREASE SUPPLY, to bring down prices.
The absolute best way to increase supply of oil is to DRILL and PUMP more of our own oil here in America.
BUT..... The Democrats refuse to do that. Instead they prefer to buy oil from our enemies, and those people are jacking us up on the price.
This makes me believe that the Democrats are actually doing everything they can to BREAK our economy.
They know they can fix oil prices, but refuse to do it.
Not sure why they would want to do that to us, unless they're trying to turn us to socialism, in which case this all makes perfect sense.
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